516 E 40th St, Austin, TX 78751
Property image
Property image
OFF MARKET

$1,126,800

Trulia Estimate
as of Nov 13, 2026
  • 1 Bed
  • 1 Bath
  • 450 sqft

516 E 40th St, Austin, TX 78751

Hancock

Home Highlights

Townhouse
Built in 1975
450 sqft
$2,504/sqft

Local Information

  • Map ViewExplore the area around 516 E 40th St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:On-site laundryAssigned parking
Located in Hyde Park, this 10-unit complex sits 75 steps from Hancock Golf Course. Features: on-site laundry, assigned parking, and 2 storage rooms. Pets welcome (1 under 20 lbs, $200 fee, breed restrictions apply). Ideally near St. David's, UT Law, and DKR Stadiumperfect for students and professionals. Enjoy nearby shopping, dining, and quick access to Downtown. A solid investment in one of Austin's best neighborhoods, blending residential charm with urban convenience. For more properties like this visit Affordable Housing.
516 E 40th St, Austin, TX 78751 is a 1 bedroom, 1 bathroom, 450 sqft townhouse in Hancock, built in 1975. More recently, it was listed as a rental in March 2026 with an asking price of $1,100 per month. That rental listing was removed on April 24, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,126,800, with a rent estimate of $1,031/month.

Home Details for 516 E 40th St

Property Information

Year Built
Year Built: 1975
Property Type / Style
Property Type: Townhouse

Rental Terms, Policies & Fees

Lease Term: Contact For Details

Interior Features

Appliances & Utilities
DisposalRefrigerator
Heating & Cooling
Cooling System: Ceiling Fan

Comparable Sales for 516 E 40th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
200 W 56th St #5103, Austin, TX
1.52
Townhouse
-
04/30/26
3
3
1,525 sqft
2237 Zach Scott St, Austin, TX
1.59
Townhouse
-
06/22/26
3
2.5
1,562 sqft
4720 Page St, Austin, TX
1.52
Townhouse
-
04/30/26
3
2.5
2,294 sqft
5605 Sunshine Dr #10, Austin, TX
1.70
Townhouse
-
04/17/26
3
3
1,584 sqft
2805 McCurdy St #11, Austin, TX
1.80
Townhouse
-
05/14/26
3
3.5
2,145 sqft
2205 S L Davis Ave #2, Austin, TX
2.18
Townhouse
-
02/05/26
2
3
1,200 sqft
2524 Doc Reeves St, Austin, TX
1.80
Townhouse
-
05/04/26
4
3.5
2,300 sqft
2811 Zach Scott St, Austin, TX
1.88
Townhouse
-
04/23/26
3
4
2,372 sqft
3007 Chennault St, Austin, TX
2.12
Townhouse
-
08/07/26
3
3.5
2,196 sqft
4015 Margarita St, Austin, TX
2.13
Townhouse
-
06/18/26
4
3.5
2,282 sqft

Nearby homes

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Price and Tax history

DateEventPrice
Apr 24, 2026
Source: Zillow Rentals
ListingRemoved
$1,100
Mar 23, 2026
Source: Zillow Rentals
Listed For Rent
$1,100
Jul 16, 2025
Source: Zillow Rentals
ListingRemoved
$1,050
Jun 17, 2025
Source: Zillow Rentals
PriceChange
$1,050
Price decreased by 19%
Jun 9, 2025
Source: Zillow Rentals
Listed For Rent
$1,300

Around this home

Neighborhood Overview

Hancock
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Hancock

At least 20 Trulia users voted on each feature.

  • 97 % Say it's dog friendly

  • 89 % Say it's walkable to restaurants

  • 83 % Say there are sidewalks

  • 80 % Say parking is easy

  • 77 % Say people would walk alone at night

  • 66 % Say car is needed

  • 64 % Say it's walkable to grocery stores

  • 59 % Say yards are well-kept

  • 47 % Say there's holiday spirit

  • 46 % Say it's quiet

  • 44 % Say neighbors are friendly

  • 43 % Say kids play outside

  • 41 % Say there's wildlife

  • 35 % Say streets are well-lit

  • 21 % Say they plan to stay for at least 5 years

  • 19 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Mattiha
    "Make sure you and you family, including pets are visible at night. We’re close to campus and people can drive a little crazy. "
    2
    Flag
  • Lwicker57
    "I’ve lived in the Hancock neighborhood for 20 years. I have many neighbors that I consider friends. It’s close to Hancock center. Which has many of the conveniences people look for. Within walking distance to restaurants and coffee houses. Great place to live."
    11
    Flag
  • Robin K.
    "It's a great walking neighborhood."
    0
    Flag
  • Robin K.
    "My commute downtown is three miles. There are many choices of routes and no traffic."
    0
    Flag
  • Robin K.
    "It's close to downtown and the university. It's a friendly walking neighborhood. I especially like strolling the golf course at Christmas when it's lit with luminarias."
    0
    Flag
  • Robin K.
    "Safe and friendly. Walking distance to elementary school."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 516 E 40th St

  • What is 516 E 40th St estimated to be worth?
    Trulia's estimated value for 516 E 40th St in Austin, TX is $1,126,800.
  • Is Austin a buyer's or seller's market?
    Austin is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Austin?
    The median sale price in Austin is $567K. That is down $7.63K from the prior month.
  • What do residents say about the Hancock neighborhood?
    Residents describe the Hancock neighborhood in Austin, TX as dog-friendly, walkable to restaurants, and pedestrian-friendly. See recently sold homes in Hancock, Austin.
  • Does 516 E 40th St have air conditioning?
    Yes, 516 E 40th St in Austin, TX has air conditioning.

Homes for rent near 516 E 40th St

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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